Newcastle, NSW

1,383 sales · the past 2 years · NSW Valuer General

Newcastle recorded 1,383 residential sales in the past 2 years, comprising Apartments at a median of $780,000 (1,149 sales); Townhouses at a median of $1,695,000 (201 sales); and Houses at a median of $1,450,000 (33 sales). The median apartment price was $780,000. Apartment prices ranged from $475k to $1.4M.
Median price
$780k
Apartments · 2 years
Sales (the past 2 years)
1,149
Active market
Price range
$475k–$1.4M
10th–90th pct
BudgetMarket accessGradeEst. properties
$500,000 12% D — Very limited ~138 of 1,149
$650,000 37% C — Limited ~425 of 1,149
$775,000 49% B — Competitive ~563 of 1,149
$1,050,000 78% A — Strong access ~896 of 1,149
Under $400k
5%
$400k–$600k
22%
$600k–$950k
42%
$950k–$1.4M
20%
Over $1.4M
10%

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What is the median apartment price in Newcastle?

The median apartment price in Newcastle was $780,000 in the past 2 years, based on 1,149 recorded sales from the NSW Valuer General.

Is Newcastle affordable on a $650,000 budget?

A $650,000 budget gives access to approximately 18% of the Newcastle apartment market — a limited but not impossible position. You would be competing for properties at the lower end of the market.

How many apartments sold in Newcastle in the past 2 years?

1,149 apartments were recorded in Newcastle in the past 2 years by the NSW Valuer General. This classifies it as an active market (30+ sales per year).

What is the price range for apartments in Newcastle?

Sale prices in Newcastle ranged from $475,000 (10th percentile) to $1,403,000 (90th percentile) in the past 2 years.